Overview
What is Varsity House Inc?
Varsity House Inc, located in Corvallis, Oregon, serves as a fraternal living facility and provides food services for approximately 40 to 60 male students attending Oregon State University or Linn-Benton Community College. This nonprofit organization, with a modest workforce of two individuals, plays an essential role in supporting these students during their academic journey, offering a sense of community and essential amenities.
Official website here: www.varsityhouse.org
Is Varsity House Inc legitimate?
Varsity House Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Varsity House Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,786
For more financial information, click here
Official website here: www.varsityhouse.org
What is the mission statement of Varsity House Inc?
Varsity House Inc, as an organization, offers a fraternal living facility and provides food services to approximately 40 to 60 men during their time at Oregon State University or Linn-Benton Community College. Its primary mission is to serve as a residential hub for these students, offering a supportive environment where they can focus on their academic pursuits. The organization aims to enhance their college experience by providing a sense of community and convenience, with on-site food services. While the mission statement does not explicitly mention advocacy or research, its primary focus is on providing a conducive living environment for students during their academic journey.
Official website here: www.varsityhouse.org
Who is the CEO of Varsity House Inc?
Tyler Phelps is the President of Varsity House Inc.
Official website here: www.varsityhouse.org
What is the revenue of Varsity House Inc?
Varsity House Inc's revenue in 2023 was $170,325.
Official website here: www.varsityhouse.org
Who are the executives of Varsity House Inc and what are their salaries?
The average compensation at Varsity House Inc during 2023 was $16,393. There are 2 employees and 5 volunteers at Varsity House Inc.
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Official website here: www.varsityhouse.org
Where can I find the form 990 for Varsity House Inc?
Varsity House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.varsityhouse.org
Learn more at the official website: www.varsityhouse.org
Mission Statement of Varsity House Inc
Varsity House Inc, a nonprofit organization, plays a significant role in providing a fraternal living facility and food services for approximately 40 to 60 men. These individuals are typically attending Oregon State University or Linn-Benton Community College. By offering this service, Varsity House Inc contributes to the overall college experience for these students, providing them with a supportive living environment while they focus on their studies. The organization's mission is to create a community within the college setting, fostering a sense of camaraderie and facilitating a smooth transition into university life for these young men.
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Impact
October, 2024
Varsity House Inc significantly contributes to the community by providing essential housing and food services to male students attending Oregon State University and Linn-Benton Community College. By offering a fraternal living environment, Varsity House fosters a sense of community and belonging among its residents, which can enhance their overall college experience.
This organization supports academic success by ensuring that students have a stable and supportive living situation, allowing them to focus on their studies. The food services provided can also alleviate financial burdens, enabling students to invest more in their education and personal development.
Through its mission, Varsity House Inc plays a crucial role in promoting educational attainment and well-being among its residents, contributing positively to the lives of up to 60 men each year. The impact of such support is reflected not only in academic achievements but also in the formation of lasting friendships and networks that can benefit students throughout their lives.
This information is meant to be a general summary of Varsity House Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $29
- Program Service Revenue: $170,296
- Gross Receipts: $170,325
Assets and Liabilities:
- Total Assets: $406,750
- Total Liabilities: $0
- Net Assets: $406,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD
Revenue
$164,644
OTHER INCOME
Revenue
$5,652
Organization Details
Founding Year
1967
Phone
(541) 758-7216Principal Officer
Tyler Phelps
Main Address
119 NW 9TH STREET, CORVALLIS, OR, 97330
Website
www.varsityhouse.orgNTEE Category
Code: B83 - Education
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